Shake Shack (SHAK) FCF Margin (2014 - 2026)
Shake Shack (SHAK) recorded FCF Margin of -0.18% in Q2 2026, down 7.73 percentage points from 7.55% a year earlier but up 10.38 percentage points from the prior quarter.
Shake Shack (SHAK) FCF Margin (2014 - 2026) Analysis & Trends
On a TTM basis, Shake Shack's FCF Margin came in at -0.75% as of Jul 1, 2026, down 4.25 percentage points year-over-year; for FY2025, it was 3.91%, up 1.06 percentage points from FY2024.
- Annual FCF Margin has increased for three straight years, with a five-year change of +9.97 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 2.85% in FY2024 (+4.14 pp), -1.29% in FY2023 (+6.02 pp), -7.31% in FY2022 (-1.49 pp) and -5.82% in FY2021 (+0.24 pp).
- Quarterly FCF Margin has ranged from -10.63% in Q4 2022 to 7.55% in Q2 2025 over the past five years.
- On a year-over-year basis, FCF Margin has declined for three consecutive quarters, with an average year-over-year change of -1.04 percentage points over the last eight quarters.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 13.57 percentage points in Q4 2023, against a drop of 11.14 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at -10.55% (Q1 2026), 0.99% (Q4 2025) and 6.46% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 171.96 Bn | 166.78 Bn | 6.42 Bn | 26.79% |
| 2 | Starbucks | 110.34 Bn | 97.96 Bn | - | 14.49% |
| 3 | Yum Brands | 41.48 Bn | 38.36 Bn | 1.47 Bn | 18.76% |
| 4 | Chipotle Mexican Grill | 39.00 Bn | 34.98 Bn | - | 13.84% |
| 5 | Restaurant Brands International | 25.80 Bn | 21.35 Bn | 1.38 Bn | 19.01% |
| 6 | Darden Restaurants | 24.38 Bn | 23.48 Bn | 1.68 Bn | 3.09% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 19.01% |
| 8 | Yum China Holdings | 15.57 Bn | 9.23 Bn | 537.00 Mn | 9.53% |
| 9 | Texas Roadhouse | 11.21 Bn | 10.55 Bn | - | 4.85% |
| 10 | Shake Shack | 2.84 Bn | 1.50 Bn | - | -0.18% |
Historic Data
| Date | Value |
|---|---|
| Jul 1, 2026 | -0.18% |
| Apr 1, 2026 | -10.55% |
| Dec 31, 2025 | 0.99% |
| Sep 24, 2025 | 6.46% |
| Jun 25, 2025 | 7.55% |
| Mar 26, 2025 | 0.58% |
| Dec 25, 2024 | 3.16% |
| Sep 25, 2024 | 2.23% |
| Jun 26, 2024 | 6.51% |
| Mar 27, 2024 | -0.82% |
| Dec 27, 2023 | 2.94% |
| Sep 27, 2023 | -3.58% |
| Jun 28, 2023 | 0.71% |
| Mar 29, 2023 | -5.73% |
| Dec 28, 2022 | -10.63% |
| Sep 28, 2022 | -8.94% |
| Jun 29, 2022 | -0.04% |
| Mar 30, 2022 | -9.84% |
| Dec 29, 2021 | -8.85% |
| Sep 29, 2021 | -8.98% |
Shake Shack FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=SHAK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "SHAK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=SHAK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();